How it works:
Deerfield Pawn provides a quick and convenient collateralized loan service to all customers, old and new!
There are no financial or credit violations or strikes associated with this process.
There are no credit checks preformed regarding this process.
There is no adverse impact to a client's credit score for late or non-payment.
If no interest payment is made within the first ninety (90) days, the loan simply defaults,
and the collateral pledged becomes the property of Deerfield Pawn.
Collection practices include sending a text message or phone call reminding the client payment is due.
Loans are renewed when an interest payment (which includes all fees) is made.
APR does not exceed 24%.
There are no additional fees or penalties when renewing a loan.
Early prepayment options are available, and are not subject to any fees or cost.
The minimum payment period is 90 days, with a maximum period of 10 years.
An example of a loan is: borrower takes $100, repays $106.00 in 90 days. Loan is fulfilled.
APR for this example is 24%
Jewelry loans are protected by bank vault security.
Items we take:
- Jewelry
- Gold, Platinum & Designer Jewelry
- Vintage, Antique & Modern Jewelry
- Diamond, Gemstone & Semi-Precious Gemstone Jewelry
- Scrap Gold & Unwanted Jewelry
- Watches
- All High Value Modern & Vintage Wrist Watches
- Vintage Watches & Pocket Watches
- Diamonds
- GIA Certified Diamonds
- Loose, Uncertified Diamonds
- Gemstones
- Fine Rubies, Sapphires, Emeralds, Jade, Opal, Aquamarine, & more
- Coins
- Numismatic Collectable Gold, Silver, and Copper Coins
- Gold & Silver Bullion Coins
- Currency Collections - $500.00 & $1,000.00 Bills
- Precious Metals
- Gold, Silver & Platinum Bars or Rounds
- Sterling Silver
- Silverware, Flatware, Hollowware
Additional InfO:
- Depending on what you bring in, the process usually takes 5 to 10 minutes (can take longer if you have many items).
- You'll need to provide a valid, government-issued photo ID. A state-issued driver's license or ID card, Passport or Military ID will be accepted.
- You'll be required to sign off on paperwork stating that you're the owner of the pledged merchandise.